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Whats the difference?
Old 10-14-2008, 02:08 PM   #61
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Whats the difference?

If Social Security fails in its current state (like its predicted to) the government will bail it out. If Privatization suceeds and the market gets to the point we are today the government will bail us out. What's the difference?
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Old 10-14-2008, 09:29 PM   #62
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Originally Posted by toofrugalformycat View Post
And remember there can be any number of surviving spouses. You just have to have been married 15 years to each one.
Actually, it only takes 10 years.
"If you are divorced after at least 10 years of marriage, you can collect retirement benefits on your former spouse's Social Security record if you are at least age 62 and if your former spouse is entitled to or receiving benefits. If you remarry, you generally cannot collect benefits on your former spouse's record unless your later marriage ends (whether by death, divorce, or annulment). "
(Social Security Online - Get Help With Your Situation - Marriage, Divorce & Name Changes)
So my first husband (married 12 years) can collect based on my record.

So can my second husband (married 11 years now -- but this one better last a long time cuz this time we promised "'til death do us part" !)

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Old 10-15-2008, 08:14 AM   #63
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Originally Posted by Texican View Post
If Social Security fails in its current state (like its predicted to) the government will bail it out. If Privatization suceeds and the market gets to the point we are today the government will bail us out. What's the difference?
Well, we could make the two options:

1)Invested by us as "they" see fit (today)

2)Invested in 5, 10, or 30 year Treasuries (choice)

Are you still against it??
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)

This Thread is USELESS without pics.........:)
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Old 10-15-2008, 09:32 AM   #64
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Originally Posted by dex View Post
I made a mistake - I thought you were interested in learning about it. That is why I suggested you google it.
We could have saved some back-and-forth if you would have posted your link to Bush's statement instead of expecting me to find it. I know what he has been saying, and I would have given you my opinion about it a lot sooner if I had been sure exactly which of his many comments was the basis for your opinion.

Once again, the Bush "plan" (if it follows any of the "models" from the President's Commission) doesn't provide any gains for people who simply invest in treasuries, and it doesn't provide any gains to Americans in total.
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